Nomura's Digital Asset Arm Laser Digital Invests in ZIGChain to Drive On-Chain Private Credit in the Middle East

Odaily News – Laser Digital, the digital assets division of Japanese financial group Nomura, has announced a strategic investment in ZIGChain, a Layer 1 blockchain project based in the UAE. The two parties will collaborate to advance the on-chain adoption of the private credit market in the Middle East and Gulf region, including Sharia-compliant asset products.

Neither party disclosed the specific investment amount, but market sources indicate the investment is in the high single-digit millions range. ZIGChain has already partnered with Standard Chartered and crypto-friendly fund services provider Apex Group, focusing on on-chain asset management and private credit infrastructure development. (CoinDesk)